When the Sacramento Kings debuted in their new city in 1985, they did not yet have a permanent home. With a new arena still a few years away from completion, the franchise began its run in California’s capital city in a small, temporary venue still standing as an office building more than 30 years after […]
Tag Archives | arco arena
Sacramento to discuss parking leases with 11 suitors
Sacramento will negotiate a potential lease of parking spaces with 11 suitors — with the proceeds being a cornerstone of a funding plan for a new Sacramento Kings (NBA) arena. The city is under the gun to show the NBA and the Kings a viable arena-financing plan before a March 1 deadline. A key part […]
Kings’ arena quest coming down to the wire
An attempt to keep the Sacramento Kings (NBA) in town is coming down to the wire, as a $400-million financing plan is due at the end of the month. Mayor Kevin Johnson has been leading the push for a funding plan, which is still not finalized. A key part of the plan calls for the […]
NBA relo committee heads to Sacramento
Faced with the decision of whether to let the Sacramento Kings move to Anaheim, the NBA‘s relocation committee is heading to Sacramento Thursday to determine whether the market is really capable of supporting pro basketball. At issue: Sacramento Mayor Kevin Johnson says he’s lined up pledges for $7 million in new sponsorships from local businesses. […]
Kings: From boom to bust
At one time the Sacramento Kings (NBA) was a high-flying franchise, with a large payroll and crammed crowds at Arco Arena. Today, the team is on the verge of a move after suffering through troubled times in a small market. What happened? The recession and a league with very limited revenue sharing. There are plenty […]
Four Sacramento arena proposals on the table — and all with holes
Sacramento is desperately working to come up with a new-arena plan in an attempt to keep the NBA‘s Kings in town, but huge issues remain with all four developer proposals. The biggest problem: funding gaps with all four. Three proposals call for a new downtown arena and one for the North Natomas neighborhood where Arco […]
Maloofs sell naming rights to arena; admit to looking at moving NBA’s Kings
Things are certainly up in the air in Sacramento, where the Maloofs now openly admit to looking at alternative homes for the Sacramento Kings (NBA) despite efforts from city leaders once again to find an arena solution; meanwhile, Arco Arena will be known as Power Balance Pavilion. First, the arena news. The Kings have been […]
Johnson: We’ll take another run at new Kings arena
With a proposed new arena at the Cal Expo site now totally dead, Sacramento Mayor Kevin Johnson wants to see a new set of proposals for a new Sacramento Kings (NBA) facility. It’s not as though there are any plans floating around out there: tying a larger sports facility to a development is too speculative […]
NBA: We’re done with Sacramento arena efforts
Stung by the collapse of talks to bring a new Sacramento Kings arena to the downtown railyards area, the NBA has withdrawn from all arena efforts, presumably paving the way for the Maloofs to move the franchise. Sacramento has always been an interesting market for the NBA: not quite major-league in size and in some […]
Cal Expo rejects Kings arena plan
The Cal Expo board strongly rejected a plan to move operations to the Arco Arena area, scuttling plans to participate in a three-way land swap that would yield a new downtown arena for the Sacramento Kings (NBA). The plan would have had the Cal Expo move to Arco Arena. The current Cal Expo site would […]
Arco name to come off Kings’ arena
Arco Arena will be no more, as the 25-year naming-rights deal to the home of the Sacramento Kings (NBA) will expire in February and the name will come off the arena at the end of the upcoming NBA season. Arco Oil Company, a subsidiary of BP, bought the naming rights 25 years ago. At the […]
Consultant: It makes no sense to move Cal Expo as part of arena project
A complicated three-way land swap involving Cal Expo, the city of Sacramento and Arco Arena is on life support after a respected consultant concludes that the swap wouldn’t benefit the Expo on any level. The proposal calls for the Cal Expo to move to the current Arco Arena site and reuse the arena as an […]